Nordics and IEA collaborate on paths to a carbon-neutral energy system by 2050

The International Energy Agency (IEA) previewed the results of its collaborative project with Nordic Energy Research and leading research institutes on how the Nordic region can achieve a carbon-neutral energy system by 2050.

The IEA sees the five Nordic countries – Denmark, Finland, Iceland, Norway and Sweden – as leaders in the global transition to a low-carbon energy system, said Dr. Markus Wråke, Head of the IEA’s Energy Supply Unit who is leading the Nordic Energy Technology Perspectives project.

“The Nordic countries’ strong economic positions, efficient regional grid and electricity market, and high share of renewable energy already position them to meet ambitious national climate targets and play an increasingly important role in the European energy system,” Dr. Wråke said. “Considering its rich renewable energy resources and strong policies already in place, the Nordic region could be the first in the world to achieve a carbon-neutral energy system – but it will not be easy.”

Nordic Energy Research is an intergovernmental organisation that supports and co-ordinates sustainable energy research in the region, which is home to some 25 million people and some of the world’s strongest economies in terms of GDP per capita.